News
News and Research
Financial advisers have found themselves in a pincer of rising costs and declining business values amid confirmation that some dealer groups are raising fees by as much as 30 per cent.
The Federal Government has budgeted to break new ground by shifting financial services criminal prosecutions away from the states and into the jurisdiction of the Federal Court.
The attitude of politicians from both the major parties has made clear that life/risk advisers will have to fight hard to retain commission-based remuneration beyond the 2021 Life Insurance Framework review.
The Australian Securities and Investments Commission has confirmed closer scrutiny of advice provided via superannuation funds while noting that conflicts of interest in advice delivery are not confined to retail funds.
The Financial Adviser Standards and Ethics Authority has finally cleared the way for higher education providers to seek accreditation of the degree and other courses they want to offer financial planners.
